A Washington federal court has received a $9.8 million settlement that would resolve a data breach class-action lawsuit filed against Eddie Bauer.
Filed on 26 April, the proposed settlement is the product of two years of litigation between Eddie Bauer and Veridian Credit Union, a process which included an in-person mediation meeting held in February, after the former suffered a data breach in 2016. In that incident, someone used point-of-sale (PoS) malware to compromise customers’ payment card information at approximately 350 of the chain’s North America locations.